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How useful is the information ratio to evaluate the performance of portfolio managers? /
The idea of comparing the performance of different risky investments, for example investment funds, on a quantitative basis dates back to the beginnings of the asset management industry and has been an important field of research in finance since then. Performance measures serve as valuable quantita...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hamburg :
Diplomica Verlag,
2010.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The idea of comparing the performance of different risky investments, for example investment funds, on a quantitative basis dates back to the beginnings of the asset management industry and has been an important field of research in finance since then. Performance measures serve as valuable quantitative evidence for the portfolio manager's performance as well as for the evaluation of investment decisions ex post. Based on the idea of the capital asset pricing model proposed by Treynor, Sharpe and Lintner, Treynor developed the first quantitative performance measure intended to rate mutual fund. |
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| Notas: | Cover title. |
| Descripción Física: | 1 online resource (iv, 90 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9783836634472 3836634473 3836684470 9783836684477 |